Category: All About Airbnb

Starting An Airbnb Business: How to Launch in Just 5-7 Months

Post author By Ramon Meris
Post date November 28, 2023

Starting an Airbnb business? Let this guide be your trusted companion. Launch your hosting adventure with confidence, and success awaits in 5-7 months!

Home > Resources > How to Start an Airbnb >

Starting an Airbnb business? Let this guide be your trusted companion. Launch your hosting adventure with confidence, and success awaits in 5-7 months!

Last updated January 1, 2024

Starting An Airbnb Business: How to Launch in Just 5-7 Months

Starting an Airbnb business is a lucrative venture. But the question remains, “How should I begin?”

Believe it or not, a lot of people have dreamed and yet struggled to have an Airbnb startup.

Why is it so? They spend most of their time dreaming. They forget that dreams alone won’t turn the key in the door to success.

So in this article, we’ll provide you with a definitive roadmap for starting your own Airbnb! We’ll provide you with a few milestones to encourage you to finally build your rental empire.

Continue reading this because your journey to Airbnb is about to begin!

Starting an Airbnb Business for Homeowners

A property sitting vacant is a wasted earning opportunity. Imagine how much cash flow it will bring via Airbnb. In this section, we’ll show the preliminary steps that homeowners can take for an Airbnb startup.

Looking for an Airbnb property? You may skim this or go directly to the next part!

1. Check the Airbnb Demand and STR Regulation in your area

Before starting an Airbnb business, research first whether there is a substantial demand in the location of your property. Understanding the local Airbnb demand is a fundamental step in ensuring the success and profitability of your venture. This will come in handy in the next Step.

Your research does not end with demand. You should also check the local Airbnb regulations! These have become a hard pill to swallow. But fret not. Many Airbnb hosts have managed to navigate this. This is the reason why short-term rentals persist despite regulations.

Check the website of your local government as these regulations vary depending on the jurisdiction. While you should read the entire regulation, I encourage you to check the provision on zoning restrictions. Sure, you may have a vacant property, but it may be legally prohibited to be a short-term rental.

2. Dig Deeper into Your Airbnb Market

a. Look at Direct Competitors

For a solid head start, check out how your “direct” competitors are doing. Search for Airbnb listings similar to your property and arrange them by ratings.

Study them closely even before officially starting your own Airbnb. Observe and take note of their strengths. Look for goldmines by reading their guest reviews. What do guests love about their rentals? Then, replicate or even enhance those features when applying them on your own property.

b. Understand Your Audience

As you go through Steps 1 and 2a, you’re starting to get a picture of your target audience. These are the demographics that your rental may attract.

This mainly depends on your location. Is your property near outdoor recreational areas? Then, you have an active and younger audience. Is it right smacked in a financial district? You have business professionals right there. Ski and beach areas? Then, you’ll have family and bigger groups as your guests!

By aligning your rental with the desires of your target demographic, you enhance the overall experience for your guests and increase its attractiveness. Take note of this as this may become useful in Steps 3 and 4.

Starting an Airbnb Business for First-Time Investors

If you have been saving up to start your own Airbnb, then this section is for you! This part will focus on finding the most profitable Airbnb properties. And based on the hundreds of investors that Airbtics has talked to, this process usually takes less than a month.

1. Set Your Budget

How much are your savings and the portion you’re willing to allocate for property purchase? This should be clear from the get-go as you will be aware of your financial capabilities. Setting a realistic budget to start your own Airbnb provides a framework for your decision-making. This includes the location, the size, and the type of investment property.

Think of your budget as the gasoline for your investment. The higher you have, the further it can take you. But if your savings are kind of short, don’t worry! There are, in fact, short-term rental lenders who can help you finance your Airbnb.

2. Research and Buy Airbnb Property

a. Look For The Best Airbnb Cities

Even if you’re a first-time Airbnb investor, you already know that location matters in real estate. In Airbnb investing, start with a list of cities with high tourist traffic. And I’m sure you already have one!

In fact, you may have already studied the different guest demographics in those areas. You know that professionals would be your guests in urban cities. Then, you’d be hosting exchange students and artists in university towns. If there’s an amusement park, you’d be having multi-generational guests with kids!

But the key question is, “Which city on your list offers the best return on investment?” In this case, we will try to maximize the budget that you’ve set in Step 1.

Let’s use the widely accepted standard to assess ROI. Gross rental yield is determined by dividing the average annual revenue of an Airbnb city by its median property price.

Market’s Gross Rental Yield =

(Average Airbnb Annual Revenue / Median Property Price)

Median property prices are available on online realtors like Redfin. But to access the average annual revenue of any Airbnb city, you can always rely on the Airbtics Dashboard. Then, you can tabulate these cities on your list according to the highest gross rental yield!

Of course, you should also consider the local Airbnb regulations. As we have mentioned before, these vary depending on the city. So, it’s best to check the local government website for specific details.

While I encourage you to read the whole regulations, specifically look if there’s a night cap in your chosen city. This simply means that there’s a limit on the number of available nights for Airbnb bookings. Hence, this may also put a “cap” on your earnings.

b. Buy An Airbnb Property

According to a 2023 report by the National Association of Realtors, buyers typically spent 10 weeks searching and visited a median of five homes. The length will depend on your budget (covered in Step 1) and how you do a property search.

You’ve already identified the city. But have you considered whether you should buy a condo or a house? And how many rooms should your property have?

Before doing a property search, why not answer those two questions first? The best property type and property size for Airbnb depend on your chosen Airbnb city. You can find yours by following our guides below:

Once these two are clear, you can now confidently look for properties on the following real estate websites:

NORTH AMERICA

UNITED KINGDOM

EUROPE

Immobilienscout24 (Germany)
Seloger (France)
Idealista (Spain, Italy, Portugal)

AUSTRALIA

As we have said, Airbtics users usually find a profitable Airbnb property in less than a month. But home purchase typically takes another 50 days on average.

3. Consider Adding Amenities

Getting booked is among the initial challenges of an Airbnb startup. In fact, it is the most crucial. Why would guests book you? You’re an inexperienced host, competing with the rest who already has a proven track record.

A way to address this is by offering as many amenities as you can! Equip your Airbnb startup with the amenities that your guests are used to. Sometimes, a simple wifi connection can be enough. If your rental is in a cold climate, consider investing in a reliable heating system. Humid area? Then, air conditioners can provide a cool sanctuary from the heat outside.

Got an extra budget? You may even consider adding a hot tub for Airbnb, and you’ll be surprised by how it can attract guests. Do you have an empty backyard? Then, a swimming pool for short-term rental is also worth exploring.

4. Furnish Your Airbnb

When starting your own Airbnb, furnishing is the time to use your creative flare! While some may enjoy dolling up an empty space, I know others who don’t! From buying items to placing them in your Airbnb, this Step can be a bit stressful.

Remember when we said that you had to understand your audience? This will be really helpful for this. When you assess your guests’ needs and preferences, you can easily decide what to include in your rental. Of course, you have to cover the basics first! And here’s the Airbnb startup cost for that.

When dolling up your rental, consider not only individual items but also their collective harmony. Envision how these pieces interact with various flooring or wall colors to create a cohesive and visually pleasing arrangement. If furnishing isn’t really your cup of tea, you can always hire an interior decorator to cover this.

5. Create an LLC

Creating a limited liability company (LLC) sure has a lot of perks. For one, it allows you to open a dedicated bank account for your Airbnb business. It’s just one of the basics of any business, separate its finances from your own.

Moreover, creating an LLC provides an additional layer of security, especially valuable for first-time Airbnb hosts.

In the unpredictable area of hosting, unforeseen circumstances such as lawsuits or Airbnb-related debts can arise. An LLC becomes a safeguard, entitling you with “limited liability” in legal disputes. This shields your personal assets, offering a protective measure against unforeseen challenges.

6. Insure Your Investment Property

For first-time hosts, getting insurance is a smart and essential move. Imagine having spent a huge money on a property that will be exposed to a lot of potential risks. You might say that you already have a homeowners insurance. But sadly, your rental is not covered since you’re using it as an Airbnb business.

All Airbnb hosts are automatically protected by AirCover, the company’s own insurance. However, it doesn’t cover damages from wear and tear and natural calamities. So, you need to have additional insurance for property damage caused by unforeseen events. This ensures that your investment is properly safeguarded.

As a first-time host, the peace of mind that comes with insurance is invaluable. This allows you to focus on delivering an exceptional guest experience without the constant worry of unexpected financial burdens.

7. Comply with Legal Requirements in Your Area

Have you researched the Airbnb regulations in your area? The initial stage to legally start your own Airbnb is the registration of your rental. Depending on the jurisdiction, the local government may require you to do one or more of the following:

Obtain a Business License
Obtain a Business Permit
Pass Building and Housing Standards
Secure Special Permits

As we have said, different cities have different regulations. And some may even require you to obtain a business license BEFORE listing your property on Airbnb. To ensure compliance with the legal requirements in your area, read the Airbnb regulations available on your local government’s website. You can also find the detailed process on how to apply as well as other documents that they may require.

8. List Your Property on Airbnb

Your Airbnb debut isn’t complete until you create a listing! It means guests can now find and book your rental on the platform. Now put your property out there to make some money! Read our article on Airbnb listings for a step-by-step guide!

9. Decide Between Professional or Do-It-Yourself Airbnb Management

Technically, you’re done with all the steps in starting an Airbnb business. But it’s time to decide how your rental will be managed.

Airbnb hosting is mainly about interacting with guests. This covers responding to booking inquiries and other guests’ concerns promptly and professionally. Aside from this, you will also have to look after your property. Is it cleaned between guest stays? On top of routine maintenance, you will also need to address emergency repairs.

The list of hosting tasks can go longer than this. We understand that this may be overwhelming, especially for hosts just starting an Airbnb business. Some may respond to guests’ needs with a smile on their faces. But it’s normally fine if you don’t see yourself enjoying such interactions.

In fact, you can outsource the day-to-day and routine tasks to a professional. Airbnb property managers who can bring their expertise to help your rental grow. Of course, they come with a cost.

Aside from paying them via commission, you’re actually throwing the keys to the car. You’re relinquishing them the control over your property.

These are actually the things you need to consider. And if you decide to hire an Airbnb manager, research well as not all of them can provide good quality service.

What Are Airbnb Taxes?

Before starting an Airbnb business, hosts should know the potential taxes on their rental income. Tax regulations vary by location, so hosts must check with local authorities or consult a tax professional for specific guidance. Common taxes that hosts may encounter include:

Income Tax
Sales Tax
Occupancy Tax
Sales Tax
Tourist Development Tax
Value Added Tax

The applicable taxes and their rates vary significantly from one city to another. It’s best to familiarize yourself with the specific tax regulations in your location to ensure compliance with local laws and regulations.

Transform Your Dream Into A Reality

Starting an Airbnb business is an exciting venture that holds potential for both financial success and personal fulfillment. Sure, dreaming about the possibilities can be a good start. This article is more than just a source of inspiration. It equips you with an actionable roadmap to transform these dreams into a reality!

So get the ball rolling! Use the insights provided here to navigate the challenges, make informed decisions, and carve your niche in the competitive Airbnb market.

As you take each step, remember that the journey is as just important as the destination. Embrace the learning curves and celebrate small victories earned along the way!

Got a property for Airbnb? Then get accurate return on investment by using the most powerful Airbnb Calculator!

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Airbnb Rental Arbitrage All About Airbnb

A beginner’s guide to Airbnb Arbitrage

Post author By jae an
Post date November 28, 2023

A beginner’s guide to Airbnb Arbitrage: 4 steps to have a successful first Airbnb arbitrage property. What is Airbnb arbitrage? You rent a property from a landlord, furnish it, and list it on Airbnb. You earn more than what you pay to the landlord.

Home > Resources > Airbnb Rental Arbitrage >

Airbnb Arbitrage is amazing. You can start this as a side hustle, but you can scale this up to build enough wealth for you to achieve financial freedom.

You can start your first rental arbitrage unit in a matter of 1-2 weeks as long as you make right progress. Here are 3 key tasks you need to complete.

Last updated May 27, 2024

Airbnb Arbitrage is amazing. You can start this as a side hustle, but you can scale this up to build enough wealth for you to achieve financial freedom.

What is Airbnb arbitrage? You rent a property from a landlord, furnish it, and list it on Airbnb. You earn more than what you pay to the landlord. You can start this without your own property and with very little capital.

Is it legal? Mostly, yes. Agree with your landlord. Check Airbnb regulations in your city. Many cities allow Airbnb.

You can start your first rental arbitrage unit in a matter of 1-2 weeks as long as you make right progress. Here are 3 key tasks you need to complete.

1. Market research (Tip: Use Airbnb analytics to finish this in a few minutes)
2. View properties & sign the contract (Tip: Use secret software to get access to landlord-approved properties for rent.)
3. Furnishing

Start with market research

Find the goldmine areas. Find an area with abundant available long-term rentals in the market. At the same time, travelers should love this area. In other words, It is a property with a huge pricing gap between long-term and short-term rental.

Via market research, you must get an answer for the 3 things. 1) What’s the short-term rental rule there? 2) What area has some serious pricing gaps? 3) What type of properties?

For example, when I started it in Liverpool, UK, I found there’s no city-wise regulation, but it depends on which building. Some buildings are strictly for residential but not all. The downtown area has very high short-term rental demand compared to long-term rental. I found out small Studio & 1-bed type flat in well well-maintained building is the most popular on Airbnb in the area.

Regulation

What sort of regulation does your city have? Is there a limit on how many days you can rent it out as a short-term rental? Do you need to get a short-term rental permit? Clear this out. Search on Google, and check out the local government website.

Find high-demand neighborhoods

You can use the heatmap feature from the Airbtics app. The intensity of color represents the guest’s demand. Therefore, the dark red areas have a high occupancy rate. This will show you the Airbnb hotspots. In my case, the downtown area is the only hotspot with many short-term rentals available. Find out rent estimate of neighbourhoods.

Type of property

On the right side of the map, you can see the top-performing Airbnb listings in the area. Check out some of them and see which type of properties you could go after.

You can think in terms of the number of bedrooms (e.g. Studio vs 2 bedrooms) and type of properties (e.g. high-rise, modern).

Acquire your first property

Acquiring the first property may sound challenging, but your first landlord may accept your offer too. Most landlords are not too keen on short-term rentals. Their three main concerns are complaints from their neighbors, excessive wear and tear, and unable to collect monies from you.

The best way is to meet the landlords face to face and talk with them. Many landlords are open to this. Building the trust is the key.

Here are a few pointers to convince the landlord for your first property.

Offer 5-10% higher rental fee
Offer a higher amount of deposit
Pay a few months rent in advance
Monthly report on their property on property damages
You’ll use noise monitoring software to quickly address situations in which neighbors may feel uncomfortable
You’ll sign up for short-term rental insurance

If you are in the US, then try out a software called Airvana. On their website, you can find properties for rent that the landlords have already approved for rental arbitrage. Airvana use Airbtics data to power their market intelligence side.

Furnish your property

If this is your first property, start lean, and invest in better items as you make more money. For a 1-bedroom apartment, you can furnish a basic listing under $2,000. Providing a kitchen isn’t a must.

For an Airbnb property, you need to choose your theme and color palette. This will drastically improve your listing on photos and attract short-term guests.

Here are examples of basic amenities you need

Refrigerator
Dining table and chairs
Sofa
Bed frame
Mattress
Pillows
Linen
Closet organizer
Decorative items

We have an in-depth article on the Airbnb startup cost. Here’s an example of how you can furnish your listing from scratch with $3,300.

Publish an Airbnb Listing

It’s surprisingly easy to publish a listing. One can publish a listing in 30 minutes. Once you publish, potential guests can see your listing and start booking.

The most important part here is to use really nice pictures of your Airbnb. If it’s your first time, hire a professional who has done this before in your area. Your listing doesn’t have any reviews so guests can only rely on your listing’s picture before making a reservation.

Start with renting out a room, not the entire property

Are you a student or just got your first job? One idea for you. Rent an entire property with 3-4 bedrooms. You can live in one of the rooms and rent out the rest of the rooms on Airbnb. I did this personally when I was living in London in the UK. My Airbnb guests covered my entire rent. When my parents visited me in London, I just blocked the calendars on Airbnb so that I could use the entire property for my family. This would have been not possible with a long-term tenant.

This also taught me good lessons on how to operate an Airbnb business efficiently.

Tags Airbnb Rental Arbitrage, pillar

Airbnb Rental Arbitrage All About Airbnb

Airbnb Rental Arbitrage NZ

Post author By Magdalena Jara
Post date November 21, 2023

Airbnb Rental Arbitrage NZ: Explore the world of Airbnb rental arbitrage in NZ – a savvy strategy for generating passive income without the need for substantial upfront capital!

Home > Resources > Airbnb Rental Arbitrage >

Explore the world of Airbnb rental arbitrage in NZ – a savvy strategy for generating passive income without the need for substantial upfront capital!

Last updated January 1, 2024

Airbnb Rental Arbitrage NZ

Key Takeaways

This blog navigates you through the process of Airbnb rental arbitrage in the evolving landscape of New Zealand.
Uncover essential insights on startup costs, cash return times, and how to find potential landlords for successful arbitrage in NZ.
Delve into the process, regulations, and potential profits of Airbnb arbitrage in NZ, and use Airbtics’ Airbnb host calculator to evaluate your venture’s viability.

Airbnb Arbitrage in NZ: A Guide to Profitable Short-Term Rentals with Minimal Initial Investment

Rental arbitrage emerges as an ideal way to start a short-term rental business without the need for large upfront capital as you won’t have to buy a property straight away.

Since you came into this blog, we assume that you are thinking of doing rental arbitrage in New Zealand. This island country became quite the catch for investors thanks to its strong tourist market, solid short-term rental market, and flourishing economy.

Yet, it’s important to consider if this type of business would turn into a viable investment. Why? Because even if you won’t invest a large amount of money, that doesn’t mean you won’t be putting some funds at stake. And the primary goal is to generate income rather than incur significant debt.

In this article, we delve deeper into the entire process of Airbnb rental arbitrage in NZ, its legality, and profitability, along with some of the top cities to consider subletting in. Keep reading to find out more about this business model.

What is Airbnb Rental Arbitrage?

Rental arbitrage, also known as subletting, is the practice in which a tenant rents out the property they have leased to another person. In this case, the tenant becomes a “sublessor” by listing the dwelling for short-term use on platforms like Airbnb and VRBO.

This is a legal business model that allows you to begin your venture into the Airbnb world with no money. The short-term rental income can help you cover the long-term lease on the property, allowing you to keep the remaining surplus at the end of each month after paying the long-term lease.

Is Airbnb Arbitrage Legal in NZ?

Wondering if rental arbitrage is worth it? Subletting a property is a worthwhile investment idea. But first, you need to know what are you getting yourself into. It’s important to consider the short-term rental market conditions of the city you want to target as well as its rental regulations and subletting laws in NZ.

Short-term rentals are legal in New Zealand. However, lessors and sublessors must review the rental rules set by the local councils in NZ, as certain regions may require property registration and obtaining resource consent.

Doing rental arbitrage is also legal in NZ, but tenants must speak with their landlord a get written consent before renting out the property to another person. The conditions for this will also depend on whether the rental will be a holiday or long-term:

If a tenant sublets their residence on a long-term basis, they must sign a written residential tenancy agreement with the subtenant. This sub-tenancy agreement follows standard tenancy rules of the Residential Tenancies Act.
For holiday sublets as they are not covered by the Act, no residential tenancy agreement is needed, but the landlord’s consent is still required.

Subletting a property without the landlord’s permission is considered an unlawful act that must be avoided. Otherwise, this may result in a financial penalty of up to $1,000 and potential compensation owed to the landlord.

How Much Profit Can You Make from Subletting a Property in New Zealand?

Before investing your money in a rental arbitrage business, it’s crucial to understand the potential profit of a STR in your target market. For instance, let’s say you’re targeting Auckland, particularly its central business district, a sought-after location for Airbnb investment.

By making use of a free Airbnb calculator, you can quickly discover the profitability of rental arbitrage in New Zealand.

Profit & Monthly Expense in New Zealand

According to Airbtics’ data, you can earn up to $4,595 per month for a 2-bedroom apartment in Auckland CBD alone. So you can expect that investing in a property in New Zealand can secure a positive cash flow.


Average Rent Price (2 BR)	Airbnb Monthly Revenue	Monthly Expense	Monthly Profit
$2,500	$4,595	$919	$1,176

Average Rent Price (2 BR)

$2,500

Airbnb Monthly Revenue

$4,595

Monthly Expense

$919

Monthly Profit

$1,176

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price, and the monthly expenses ($4,595 – $2,500 – $919 = $1,176).

Startup Cost in New Zealand

After getting an overview of your monthly expenses and revenue, let’s shift our focus to startup costs. Here’s the big question “How long does it typically take an investor to recover the startup cost?”. Let’s go straight to the point and take a look at this calculation:


Total Startup Cost (Average startup cost + 2 months rent price)	Cash Return Time
$7,000	6 months

Let’s say that the estimated startup cost for furnishings in New Zealand is around $2,000. To determine the total startup cost, you should add 2 months’ worth of average rent prices ($5,000). With a total startup cost of $7,000, the cash return time is calculated by dividing this by the monthly profit ($1,176). Thus, you can anticipate recovering the startup cost in approximately 6 months.

If these results sound promising to you, then go ahead and look at other recommended areas for rental arbitrage in New Zealand.

Top 3 Profitable Locations for Airbnb Arbitrage in NZ

Prior to making an investment in a specific New Zealand market, you need to research the best locations for short-term rental investments and consider factors like seasonality and local events that can affect the occupancy rates. This will help you to establish realistic expectations and guarantee your success.

Explore other top cities aside from Auckland in New Zealand, along with their annual revenue, monthly profit rates, cash return time, and more.

1. QUEENSTOWN

Queenstown is a popular destination for tourists with breathtaking surroundings, featuring crystal-clear lakes, snow-capped mountains, and lush landscapes. For this reason, it has become an attractive area for investors targeting the hospitality and short-term rental sectors.


Number of Bedrooms	Average Rent Price	Average Airbnb Revenue	Startup Cost	Monthly Profit	Cash Return Time
1 BR	$2,383	$4,484	$6,766	$1,204	6 months
2-BR	$3,250	$7,324	$8,500	$2,609	3 months
3-BR	$3,683	$9,502	$9,366	$3,919	2 months

Number of Bedrooms

Airbnb Rental Arbitrage Dataset

1 Bedroom

Average Rent Price (Monthly): $2,383
Average Airbnb Revenue: $4,484
Startup Cost: $6,766
Monthly Profit: $1,204
Cash Return Time: 6 months

2 Bedrooms

Average Rent Price (Monthly): $3,250
Average Airbnb Revenue: $7,324
Startup Cost: $8,500
Monthly Profit: $2,609
Cash Return Time: 3 months

3 Bedrooms

Average Rent Price (Monthly): $3,683
Average Airbnb Revenue: $9,502
Startup Cost: $9,366
Monthly Profit: $3,919
Cash Return Time: 2 months

2. WELLINGTON

The capital city of New Zealand presents a compelling option for real estate investment due to its different strengths. Wellington is a political and administrative hub but also offers plenty of recreational activities and a thriving cultural scene that attracts visitors. Additionally, is home leading educational institution that attracts a high influx of students.


Number of Bedrooms	Average Rent Price	Average Airbnb Revenue	Startup Cost	Monthly Profit	Cash Return Time
1 BR	$1,603	$2,518	$5,206	$411	13 months
2-BR	$2,297	$3,383	$6,594	$409	16 months
3-BR	$2,816	$4,592	$7,632	$858	9 months

Number of Bedrooms

Airbnb Rental Arbitrage Dataset

1 Bedroom

Average Rent Price (Monthly): $1,603
Average Airbnb Revenue:
$2,518
Startup Cost: $5,206
Monthly Profit: $411
Cash Return Time: 13 months

2 Bedrooms

Average Rent Price (Monthly): $2,297
Average Airbnb Revenue: $3,383
Startup Cost: $6,594
Monthly Profit: $409
Cash Return Time: 16 months

3 Bedrooms

Average Rent Price (Monthly): $2,816
Average Airbnb Revenue: $4,592
Startup Cost: $7,632
Monthly Profit: $858
Cash Return Time: 9 months

3. CHRISTCHURCH

Christchurch stands as an attractive destination for real estate investment, shaped by its healthy real estate market, great quality of life, and economic growth. Additionally, the city underwent significant rebuilding efforts after the earthquakes in 2010 and 2011. This has led to new infrastructure developments and modernization which makes the city more appealing to investors.


Number of Bedrooms	Average Rent Price	Average Airbnb Revenue	Startup Cost	Monthly Profit	Cash Return Time
1 BR	$1,040	$1,999	$4,080	$559	7 months
2-BR	$1,712	$2,430	$5,424	$232	23 months
3-BR	$2,123	$3,167	$6,246	$411	15 months

Number of Bedrooms

Airbnb Rental Arbitrage Dataset

1 Bedroom

Average Rent Price (Monthly): $1,040
Average Airbnb Revenue: $1,999
Startup Cost: $4,080
Monthly Profit: $559
Cash Return Time: 7 months

2 Bedrooms

Average Rent Price (Monthly): $1,712
Average Airbnb Revenue: $2,430
Startup Cost: $5,424
Monthly Profit: $232
Cash Return Time: 23 months

3 Bedrooms

Average Rent Price (Monthly): $2,123
Average Airbnb Revenue: $3,167
Startup Cost: $6,246
Monthly Profit: $411
Cash Return Time: 15 months

How to Find Landlords for Airbnb Rental Arbitrage?

Investing in Airbnb rental arbitrage can be an excellent strategy for generating passive income. Yet, it may not be easy to find a landlord who permits subletting on Airbnb because not many of them know about the process of rental arbitrage or are not fond enough of this business model. Thus, to convince a landlord, you must involve proactive and strategic efforts to explore this mutually beneficial opportunity. We also recommend using our rental arbitrage email template to add more creativity to your proposal!

Here are some ways that you can use to identify potential landlords for your Airbnb arbitrage in NZ:

Real Estate Platforms: Search for real estate platforms in NZ such as Realestate.co.nz, OneRoof.co.nz, Trademe.co.nz, or other websites to explore available rental properties and contact landlords.
Real Estate Agents: Establish connections with real estate agents who possess insights into possible rental properties in your target market as they can connect you with potential landlords.
Social Media & Networking: Don’t be shy and join online forums and communities centered around real estate in your chosen location. Platforms like BiggerPockets can offer valuable networking opportunities.

Additionally, ensure your interactions with landlords are conducted in a professional manner and be ready to address any concerns they may have about subletting.

Let’s wrap up: Should you do Airbnb Arbitrage in NZ?

Airbnb rental arbitrage presents a great opportunity for those seeking to enter the short-term rental industry in New Zealand without the need for significant upfront capital. The potential for passive income is evident, and the country’s strong tourist market, flourishing economy, and solid short-term rental market contribute to its appeal to investors.

So should you go ahead and do Airbnb arbitrage in NZ? Well, this is a question that only you can answer after weighing all the pros and cons of this business model as well as its profitability. New Zealand is a market full of opportunities that can certainly deliver you rewarding financial results.

To succeed in rental arbitrage, it’s essential to learn about local regulations, follow legal requirements, and strategically connect with landlords open to this mutually beneficial arrangement.

Moreover, thorough research is necessary to understand the market conditions. Thus, modern analytics tools like Airbtics Dashboard can provide investors like you with data-driven insights that can help the success of your short-term rental venture!

Unlock Worldwide
Short-Term Rental Data

Find unsaturated neighborhoods with the highest occupancy history.

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Airbnb Investment All About Airbnb

Best 14 Australian Suburbs to Invest: Unveil the Top Rental Markets

Post author By Magdalena Jara
Post date November 21, 2023

Best 14 Australian Suburbs to Invest: Unveil the Top Rental Markets: Explore the best Australian suburbs for property investment with valuable insights into Airbnb metrics. Learn more here!

Home > Resources > Airbnb Investment >

Explore the best Australian suburbs for property investment with valuable insights into Airbnb metrics. Learn more here!

Last updated January 1, 2024

Best 14 Australian Suburbs to Invest: Unveil the Top Rental Markets

Key Takeaways

Australia is regarded as a prime destination for property investors, driven by its resilient economy, solid tourist market, and high-demand STR market.
Learn about the pros and cons of investing in Australia’s thriving real estate market, along with essential legal considerations.
Using Airbtics’ Airbnb Income Calculator, the top 13 suburban areas for short-term rental investments in Australia have been unveiled, providing valuable insights for property investors aiming for maximum returns.

Discover the Best Australian Suburbs to Invest in: A Paradise for STR Accommodations

Nestled between the Indian Ocean and the Pacific Ocean, we can find the beautiful country of Australia, a destination that features a unique diversity of flora and fauna. This destination is known for its breathtaking landscapes and iconic sites like the Sydney Opera House, the Great Barrier Reef & Ayers Rock (Uluru).

We can’t deny that Australia is a piece of paradise in this immense world! No wonder it attracts a large influx of tourists annually. There were around 6.4 million visitor arrivals for the year ending August 2023 as confirmed by the Tourism Australia platform.

And things just get better for investors looking to cater to STR accommodations. Its solid tourist market, coupled with high economic development, demographic growth, and solid housing market performance, Australia stands out as an enticing investment destination. And while the major metropolitan areas draw special attention from investors, there are plenty of suburbs that are worth targeting.

Searching for the ideal location to purchase a rental property in Australia? This article highlights the best Australian suburbs to invest in rental properties, along with important Airbnb metrics. Additionally, we explore the benefits of real estate investment and its legality in Australia!

Why Invest in Australia Property: Pros & Cons

Australia presents a perfect blend of rich Aboriginal heritage with a modern society and outstanding natural beauty. This country certainly is a hotspot for property investments, allowing investors to earn a nice income stream through short-term and long-term rentals.

Here are the top reasons why you should consider buying an investment property in Australia:

TOP-RANKING STR MARKET IN OCEANIA

Millions of tourists visit Australia each year due to its natural wonders, iconic attractions, and rich biodiversity. Thanks to this, there’s a steady demand for short-term rentals, especially in popular tourist destinations like Sydney. In fact, we must highlight that it’s one of the top trending travel spots for international travel according to Airbnb.

Besides, Australia ranks among the top STR markets in Oceania with the highest occupancy rate. Moreover, you can also find some of the best Airbnb property management companies, teaming up with them will allow you to enjoy more freedom to explore this haven!

RESILIENT REAL ESTATE MARKET PERFORMANCE

Although house prices are rising in Australia, the market remains relatively stable and strong. The economic resilience and demographic increase the country has been experiencing plays an important role in the demand for housing. Moreover, there are plenty of great real estate financing options that investors can take advantage of!

While the real estate market in major and popular metropolitan areas is expensive, there are many high-growth suburbs in Australia where you can find more friendly budget options. These suburban areas also offer good rental yields and have high occupancy rates that guarantee a nice return on investment to investors.

ROBUST ECONOMIC DEVELOPMENT

Australia is usually regarded as an attractive country for living, working, studying, and investing. Thus, it consistently ranks among the top countries when it comes to economy. The country has one of the highest GDP per capita in the world and also a top among the world’s largest 20 economies!

Australia stands as a thriving business hub, drawing investment from multinational corporations, startups, and research organizations globally! The country offers a business-friendly environment, characterized by favorable regulations and low taxes.

Thanks to its favorable economic conditions, Australia features a strong job market that has consistently maintained relatively low levels of unemployment. Currently, the unemployment rate in Australia is 3.7% as of October 2023.

Cons of Buying a Property in Australia

Aside from the pros of buying an investment property in New Zealand, let’s discuss some cons so you can know what to expect when investing and living in this country. It’s always better to look at the two sides of each coin to properly set your expectations!

REAL ESTATE: HIGH ENTRY COST

Australia’s real estate market remains stable and experiences consistent growth, but it also comes with its challenges and downsides. In this regard, we must mention that average housing market values across major cities in Australia are not particularly cheap.

Moreover, entering and exiting the property market poses some financial challenges. Aside from the property prices, there are other high entry costs involved such as the stamp duty, legal fees, and real estate agent fees, Hence, investors should carefully evaluate the upfront investment needed.

AUSTRALIA IS VULNERABLE TO CLIMATE-RELATED DISASTERS

Located in the southern hemisphere and the Pacific Ring of Fire, Australia is quite susceptible to natural disasters such as bushfires, floods, and cyclones. The region is characterized by being seismically and volcanically active.

Is Airbnb legal in Australia?

While understanding Airbnb’s essential metrics is vital, it’s equally important to know about the legality of Airbnb in your target area. In general, it’s legal to become an Airbnb host in Australia! Yet, you should keep in mind that each state has its own STR regulations. Broadly speaking, most cities require hosts to register their properties to obtain a license for operating.

If you are a foreign investor or a temporary resident seeking to acquire property in Australia, then you will be required to obtain FIRB approval. Otherwise, proceeding with a purchase without approval may result in a variety of sanctions. Additionally, foreigners should keep in mind that the property must be new or they must acquire a vacant lot to build a new property.

In the case of rental arbitrage, while it is legal, tenants are not permitted to sublease the property without the consent of the owner or landlord.

It is extremely crucial to adhere to council zoning laws, otherwise, you can face consequences such as monetary penalties and being registered in the Exclusion Register.

Best Australian Suburbs to Invest in STR Properties

Australia offers promising investment opportunities to property investors, but a significant question remains: where is the ideal suburban area for real estate investment?

To identify the best suburbs for short-term rental investments in this country, we conducted intensive research on different regions and filtered the top areas of each of them:


Location	Airbnb Listings	Best Number of Bedrooms	Airbnb Annual Revenue	Median Property Price (2 BR)	GRY
Bateau Bay, Central Coast, NSW	77	4 bedrooms	A$1,100,000 (4 BR)	A$172,820	15.72%
Woonona, Wollongong	36	4 bedrooms	A$1,485,000 (4 BR)	A$143,556	9.67%
Port Kembla, Wollongong	15	3 bedrooms	A$809,000 (3 BR)	A$135,678	16.77%
Battery Point, Hobart	120	2 bedrooms	A$770,000 (2 BR)	A$89,360	11.61%
Sandy Bay, Hobart	212	3 bedrooms	A$895,000 (3 BR)	A$87,810	9.81%
The Entrance, Central Coast, NSW	152	3 bedrooms	A$850,000 (3 BR)	A$79,816	9.39%
Middle Ridge, Toowoomba	13	3 bedrooms	A$770,000 (3 BR)	A$76,181	9.89%
Newtown, Geelong	47	2 bedrooms	A$845,000 (2 BR)	A$70,449	8.34%
East Toowoomba	57	3 bedrooms	A$680,000 (3 BR)	A$68,637	10.01%
North Bendigo	31	3 bedrooms	A$480,000 (3 BR)	A$63,369	13.20%
East Geelong	23	2 bedrooms	A$695,000 (2 BR)	A$60,240	8.67%
Golden Square, Greater Bendigo	33	3 bedrooms	A$496,000 (3 BR)	A$53,552	10.80%
Golden Point, Ballarat	22	3 bedrooms	A$562,500 (3 BR)	A$51,624	9.18%
Central Ballarat	66	2 bedrooms	A$490,000 (2 BR)	A$51,183	10.45%

Location

Airbnb Dataset

Bateau Bay, Central Coast, NSW

Total Airbnb Listings: 77
Best Number of Bedrooms: 4 bedrooms
Median Property Price (4 bedrooms): A$1,100,000
Airbnb Annual Revenue: A$172,820
Gross Rental Yield: 15.72%

Woonona, Wollongong

Total Airbnb Listings: 36
Best Number of Bedrooms: 4 bedrooms
Median Property Price (4 bedrooms): A$1,485,000
Airbnb Annual Revenue: A$143,556
Gross Rental Yield: 9.67%

Port Kembla, Wollongong

Total Airbnb Listings: 15
Best Number of Bedrooms: 3 bedrooms
Median Property Price (3 bedrooms): A$809,000
Airbnb Annual Revenue: A$135,678
Gross Rental Yield: 16.77%

Battery Point, Hobart

Total Airbnb Listings: 120
Best Number of Bedrooms: 2 bedrooms
Median Property Price (2 bedrooms): A$770,000
Airbnb Annual Revenue: A$89,360
Gross Rental Yield: 11.61%

Sandy Bay, Hobart

Total Airbnb Listings: 212
Best Number of Bedrooms: 3 bedrooms
Median Property Price (3 bedrooms): A$895,000
Airbnb Annual Revenue: A$87,810
Gross Rental Yield: 9.81%

The Entrance, Central Coast, NSW

Total Airbnb Listings: 152
Best Number of Bedrooms: 3 bedrooms
Median Property Price (3 bedrooms): A$850,000
Airbnb Annual Revenue: A$79,816
Gross Rental Yield: 9.39%

Middle Ridge, Toowoomba

Total Airbnb Listings: 13
Best Number of Bedrooms: 3 bedrooms
Median Property Price (3 bedrooms): A$770,000
Airbnb Annual Revenue: A$76,181
Gross Rental Yield: 9.89%

Newtown, Geelong

Total Airbnb Listings: 47
Best Number of Bedrooms: 2 bedrooms
Median Property Price (2 bedrooms): A$845,000
Airbnb Annual Revenue: A$70,449
Gross Rental Yield: 8.34%

East Toowoomba

Total Airbnb Listings: 57
Best Number of Bedrooms: 3 bedrooms
Median Property Price (3 bedrooms): A$680,000
Airbnb Annual Revenue: A$68,637
Gross Rental Yield: 10.01%

North Bendigo

Total Airbnb Listings: 31
Best Number of Bedrooms: 3 bedrooms
Median Property Price (3 bedrooms): A$480,000
Airbnb Annual Revenue: A$63,369
Gross Rental Yield: 13.20%

East Geelong

Total Airbnb Listings: 23
Best Number of Bedrooms: 2 bedrooms
Median Property Price (2 bedrooms): A$695,000
Airbnb Annual Revenue: A$60,240
Gross Rental Yield: 8.67%

Golden Square, Greater Bendigo

Total Airbnb Listings: 33
Best Number of Bedrooms: 3 bedrooms
Median Property Price (3 bedrooms): A$496,000
Airbnb Annual Revenue: A$53,552
Gross Rental Yield: 10.80%

Golden Point, Ballarat

Total Airbnb Listings: 22
Best Number of Bedrooms: 3 bedrooms
Median Property Price (3 bedrooms): A$562,500
Airbnb Annual Revenue: A$51,624
Gross Rental Yield: 9.18%

Central Ballarat

Total Airbnb Listings: 66
Best Number of Bedrooms: 2 bedrooms
Median Property Price (2 bedrooms): A$490,000
Airbnb Annual Revenue: A$51,183
Gross Rental Yield: 10.45%

Source: Airbtics Dashboard

You may find interesting:

Explore More Profitable Locations in Australia!

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Spotting Potential Airbnb Rental Markets with Airbtics: An Insider’s Quick Guide

Identifying promising rental markets can be a time-consuming endeavor. That’s why it’s wise to leverage advanced resources available to property investors to hasten this process.

First, go ahead and explore real estate forums and conduct research on search engines to discover which locations are piquing significant interest among investors. This approach will allow you to sort your list. You should also utilize analytical tools to identify profitable STR markets, especially those that provide dynamic data.

Airbtics Dashboard allows users to explore a city and gain valuable insights to simplify their investment research. This dashboard provides users with precise data sets that showcase metrics such as average revenue, occupancy, nightly rates, seasonality, and more.

Sometimes, your target location might not appear in the search results, but you can easily create your own custom market.

Now that you have a clearer perspective of your target market. Feel free to experiment with the filters to identify the results that fit your needs. You can use filters to find what type of property offers the most appealing profit in your chosen area.

One of the greatest advantages of dynamic data is that if you move and zoom in and out of your map, the data will also change accordingly.

You can repeat this process until you find which property type makes a sound investment choice in your target area. By comparing data across various property types, you can pinpoint the option that aligns best with your preferences and goals.

Wrapping Things Up: Australian Suburbs as Promising Real Estate Investment Destinations

Australia stands out as a sought-after destination for real estate investment, as it offers a stable property market that is experiencing steady growth. However, the country’s expensive housing market and its vulnerability to natural disasters are factors that investors should be aware of.

Thus, the best Australian suburbs to invest in come up as a more affordable alternative to investors with a tight budget as their property markets present cheaper options. Of course, these markets still provide nice rental yields and high occupancy rates!

Although there are numerous lucrative cities and towns in Australia, it is essential to recognize the inherent risks involved in investing in a market without a comprehensive analysis of all Airbnb KPIs. So we recommend conducting meticulous market research using short-term rental analytics tools for precision, such as Airbtics. We are committed to assisting investors like you in making informed, data-driven decisions!

Pro Book

Deeper STR Insights. Broader Investment Opportunities.

Want to go deeper, broader, and faster? Supercharge your Airbnb Investment by accessing the most in-depth Airbnb & real estate insights with our exclusive STR report.

Vital vacation rental data from 40 Markets – Airbnb Occupancy Rate, ADR, Revenue, and Listings! Access 2-year data from June 2021 to June 2023.
Uncover 5-year real estate investability metrics for 40 markets including population, property prices, income levels, Google travel interest, crime, and unemployment trends 2017 - 2021)!
All yours in 3 business days!

Unlock Worldwide
Short-Term Rental Data

Find unsaturated neighborhoods with the highest occupancy history.

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Airbnb Investment All About Airbnb

Where to Invest in Geelong, AU: Earn Up to A$39,399 with a 78% Occupancy Rate

Post author By Magdalena Jara
Post date November 21, 2023

Where to Invest in Geelong, AU: Earn Up to A$39,399 with a 78% Occupancy Rate: Uncover the top Airbnb markets and leverage Airbtics’ data analysis for optimal listing locations!

Home > Resources > Airbnb Investment >

Looking where to invest in Geelong? Uncover the top Airbnb markets and leverage Airbtics’ data analysis for optimal listing locations!

Last updated January 1, 2024

Where to Invest in Geelong, AU: Earn Up to A$39,399 with a 78% Occupancy Rate

Key Takeaways

With a booming economy, relatively affordable housing, and great living conditions, Geelong emerges as a dynamic STR investment destination.
Airbnb hosts in Geelong have the potential to earn an annual revenue of A$39,399 with a 78% occupancy rate for a 1-bedroom property, as confirmed by Airbtics’ Airbnb income calculator.
With the aid of Airbtics’ Dashboard, we’ve pinpointed the top 6 markets for short-term rental investments in Geelong, offering invaluable insights for property investors aiming for optimal returns.

Prime Investment Opportunities: Where to Invest in Geelong for Maximum Returns

The charming port city of Geelong is located at the eastern end of Corio Bay and the left bank of Barwon River, featuring scenic beaches and panoramic ocean views. This destination is a delightful place to visit and considering its great quality of life, it’s also a great city for anyone who wants to settle there.

Furthermore, Geelong is a great destination for investors looking to begin their short-term rental journey and also for those who want to expand their portfolio. Yet, before investing in a short-term rental property in Geelong, it’s crucial to conduct an Airbnb data analysis to gain a comprehensive understanding of the rental markets available. This analysis will help you identify the most profitable opportunities based on important key metrics.

If you’re searching for where to invest in a rental property in Geelong, this article provides insights into the top areas for short-term rental investments. You will also find Airbnb metrics for each area, offering valuable information to help you make informed investment decisions!

Why should you consider buying an investment property in Geelong?

Geelong features a breathtaking landscape and a lively cultural scene! And it also presents an intriguing market for property investors looking to generate a nice income stream from short-term lettings.

Check out some of the top reasons why you should invest in rental properties in Geelong:

RELATIVELY AFFORDABLE HOUSING MARKET

One of the biggest advantages of investing in Geelong real estate is that the region may present more budget-friendly property options compared to other major Australian cities. This affordability facilitates investors’ entry into the market, enabling them with the potential to obtain positive cash flow.

Currently, the average property price in Geelong is A$920K for houses and A$697K for units, which is a relatively lower value if we consider the markets of metropolitan areas like Sydney and Melbourne. However, if buying a house is not possible yet, you can try rental arbitrage in Geelong as an alternative as rent prices are more affordable! As of November 2023, the average rent price is currently around A$500.

BOOMING ECONOMY & POPULATION GROWTH

Geelong owns a diversified and strong economy that keeps evolving with plenty of industries that help the region present a solid job market. Some of its major sectors are education, tourism, health, manufacturing, construction, and innovation & research.

Moreover, over the past decade, the region has experienced robust job growth that has rapidly transformed Geelong’s economy. This also helped the region to enjoy positive demographic growth, paving the way for a promising future!

WELCOMING COMMUNITY & HIGH STANDARD OF LIVING

As the second largest city in Victoria, Geelong offers an attractive lifestyle with a plethora of local amenities such as dining options, shopping centers, sports facilities, and healthcare services. There’s also no lack of recreational activities as well as events and festivals happening throughout the year.

On top of that, Geelong is also known for its friendly community and numerous community venues encourage social interaction, which can quickly make you feel at home.

ENJOY THE COASTAL SCENERY & CULTURAL ACTIVITIES!

Looking for a destination where you can enjoy natural wonders and fascinating cultural activities? Then look no more because Geelong has everything you’re looking for!

This port city provides striking vistas and a charming environment, contributing to an enjoyable experience. With coastal settings and scenic beaches, visitors and locals alike can engage in outdoor activities such as surfing, boating, or just enjoy a relaxing day on the beach.

Geelong also features a wide range of cultural options, from museums to art galleries and theaters. The city also hosts events and festivals throughout the year, allowing visitors and residents to enjoy plenty of cultural and social activities.

Moreover, the scenic beauty and cultural events in Geelong draw a high influx of overnight visitors, opening up possibilities for profitable short-term rentals!

Is Airbnb Profitable in Geelong?

Curious about the profitability of STR investments in Geelong? Put your concerns to rest as Airbtics is here to confirm their worth! Geelong, with its natural beauty, cultural events, and festivals, consistently draws a substantial number of visitors, presenting ample opportunities for lucrative holiday lettings.

Let’s have an overview of Geelong’s Airbnb market – According to Airbtics’ Airbnb host calculator, an Airbnb host can obtain annual revenue of A$39,399 with a steady occupancy rate of 78% for operating a 1-bedroom property in Geelong.

Geelong proves to be an outstanding investment destination, but it’s essential to bear in mind that factors like the location of your property and seasonality can impact your potential income. Thus, it’s vital to make use of an Airbnb research tool to pinpoint promising investment opportunities. Additionally, we recommend having a vacation rental checklist to boost your future guest experiences!

Where to Invest in Geelong: Top Airbnb Markets 2023

Before making impulsive decisions, it’s recommended to research Airbnb’s important KPIs to identify optimal areas for establishing your listing and guaranteeing the success of your rental property in Geelong. Why? Because the profitability of short-term rentals fluctuates based on the particular location, leading to varying revenue levels.

Go ahead and check out the best suburbs in Geelong to invest in rental properties:


Location	Airbnb Listings	Best Number of Bedrooms	Median Property Price	Airbnb Annual Revenue	GRY
Newtown	47	2 bedrooms	A$845,000 (2 BR)	A$70,449	8.34%
East Geelong	23	2 bedrooms	A$695,000 (2 BR)	A$60,240	8.67%
Belmont	50	3 bedrooms	A$685,000 (3 BR)	A$48,655	7.10%
Geelong West	62	2 bedrooms	A$763,000 (2 BR)	A$47,068	6.17%
Grovedale	22	2 bedrooms	A$580,000 (2 BR)	A$36,640	6.26%
Highton	29	2 bedrooms	A$512,500 (2 BR)	A$35,432	6.91%

Location

Airbnb Dataset

Newtown

Total Airbnb Listings: 47
Best Number of Bedrooms: 2 bedrooms
Median Property Price (2 bedrooms): A$845,000
Airbnb Annual Revenue: A$70,449
Gross Rental Yield: 8.34%

East Geelong

Total Airbnb Listings: 23
Best Number of Bedrooms: 2 bedrooms
Median Property Price (2 bedrooms): A$695,000
Airbnb Annual Revenue: A$60,240
Gross Rental Yield: 8.67%

Belmont

Total Airbnb Listings: 50
Best Number of Bedrooms: 3 bedrooms
Median Property Price (3 bedrooms): A$685,000
Airbnb Annual Revenue: A$48,655
Gross Rental Yield: 7.10%

Geelong West

Total Airbnb Listings: 62
Best Number of Bedrooms: 2 bedrooms
Median Property Price (2 bedrooms): A$763,000
Airbnb Annual Revenue: A$47,068
Gross Rental Yield: 6.17%

Grovedale

Total Airbnb Listings: 22
Best Number of Bedrooms: 2 bedrooms
Median Property Price (2 bedrooms): A$585,000
Airbnb Annual Revenue: A$36,640
Gross Rental Yield: 6.26%

Highton

Total Airbnb Listings: 29
Best Number of Bedrooms: 2 bedrooms
Median Property Price (2 bedrooms): A$512,500
Airbnb Annual Revenue: A$35,432
Gross Rental Yield: 6.91%

Source: Airbtics Dashboard

Explore More Profitable Locations in Greater Geelong!

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How to Find Profitable Airbnb Locations for Your Listings?

While there are plenty of Airbnb startup costs that investors should consider, it’s important to set up the listing in the right locations. Thus, finding profitable markets is a must.

Identifying promising rental markets can be a time-consuming endeavor. That’s why it’s wise to leverage advanced resources available to property investors to hasten this process.

Additionally, you should consider delving into real estate forums and conducting thorough research on search engines to discover which locations are piquing significant interest among investors. This approach will allow you to sort your list and gain a clear understanding of the cities that are worthy of your focus. Plus, we encourage investors like you to utilize analytical tools to identify lucrative Airbnb markets, especially those that can provide dynamic data.

But don’t take just our word for it, go ahead and take a look at Simon, a satisfied Airbtics customer, who ventured into a new Airbnb market, ultimately achieving higher profitability than his previous one!

Sometimes, your desired location might not show up in the search results, but there’s no need to fret! You can easily create your custom market.

Now that you have a clearer perspective of your target market, feel free to experiment with the filters to identify the results that fit your needs. You can use filters to find out what type of property offers the most appealing profit in your chosen area.

One of the greatest advantages of dynamic data is the fact that by moving and zooming in and out of your map, the data will also change accordingly.

You can repeat this process as often as you need to figure out which type of property makes a sound investment choice in your target area. By comparing data across various property types, you can pinpoint the option that aligns best with your preferences and goals.

Unveiling Lucrative Investment Horizons in Geelong with Airbtics

To sum up, Geelong offers captivating investment opportunities with its harmonious mix of scenic beauty, cultural dynamism, and thriving economic landscape. The city’s relatively affordable housing market, along with its growing population, establishes Geelong as an attractive destination for property investors aiming for favorable financial returns.

As the region continues to evolve, Geelong is emerging as a dynamic investment destination where the combination of coastal charm and economic vitality creates an attractive proposition for real estate investors.

Discovering where to invest in rental properties in Geelong is just the beginning of your investment journey. For those considering investing in short-term rentals in Geelong, Airbtics’ data analysis highlights the city’s potential for profit. Utilizing Airbnb research tools like the Airbtics dashboard is fundamental to identifying lucrative markets and optimizing listing locations. Discover the perfect spots and realize your investment dreams now!

Pro Book

Deeper STR Insights. Broader Investment Opportunities.

Want to go deeper, broader, and faster? Supercharge your Airbnb Investment by accessing the most in-depth Airbnb & real estate insights with our exclusive STR report.

Vital vacation rental data from 40 Markets – Airbnb Occupancy Rate, ADR, Revenue, and Listings! Access 2-year data from June 2021 to June 2023.
Uncover 5-year real estate investability metrics for 40 markets including population, property prices, income levels, Google travel interest, crime, and unemployment trends 2017 - 2021)!
All yours in 3 business days!

Unlock Worldwide
Short-Term Rental Data

Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data

Find unsaturated neighborhoods with the highest occupancy history.

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Journey from Airbnb Hosts to Airbnb Millionaires

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Best Suburbs to Invest in Greater Bendigo: Earn Up to A$60,125 with 73% Occupancy Rate

Post author By Magdalena Jara
Post date November 21, 2023

Best Suburbs to Invest in Greater Bendigo: Airbnb hosts in Bendigo can earn up to A$60,125 annually with a 73% occupancy rate for a 2-bedroom property, as confirmed by Airbtics’ analyzer.

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Discover the key insights for successful property investment in Bendigo, including the best suburbs to invest in and its Airbnb metrics!

Last updated January 2, 2024

Best Suburbs to Invest in Greater Bendigo: Earn Up to A$60,125 with 73% Occupancy Rate

Key Takeaways

Bendigo presents itself as a dynamic destination for short-term rental investments, boasting a balanced economy, stable property market, and large number of overnight visitors.
Airbnb hosts in Bendigo can earn up to A$60,125 annually with a 73% occupancy rate for a 2-bedroom property, as confirmed by Airbtics’ analyzer.
Using Airbtics’ Airbnb Host Calculator, we’ve identified the top markets for short-term rental investments in Bendigo, providing data-driven insights for property investors striving for optimal returns.

Unveiling the Top Bendigo Suburbs for Lucrative Property Investments

The City of Greater Bendigo is situated in the central part of Victoria, a destination full of historical and cultural charm that blends its old architectural style with the contemporary perfectly.

With its welcoming atmosphere, fascinating history, and cultural attractions, Bendigo attracts a high influx of tourists yearly, earning the title of Victoria’s top tourism town. This coupled with its stable real estate market and balanced economy allows the city to be an attractive spot for real estate investments.

But, there are a few steps that you must take before purchasing a property and listing it on platforms like VRBO and Airbnb. For instance, it’s vital to run a data analysis to find out important factors like the market’s profitability, occupancy rates, seasonality, and more. With an Airbnb market report, you won’t be missing out on great opportunities as you will be able to strategize with data-driven insights.

Looking for the best suburbs to invest in Bendigo? In this article, you will discover the potential spots to invest in short-term rentals in Bendigo, including their essential Airbnb metrics. Keep reading, make informed decisions, and capitalize on the region’s unique appeal!

Why invest in Bendigo’s real estate market?

Greater Bendigo features a bustling cultural scene for visitors and locals alike. Yet, it also offers an enticing market for property investors seeking to create a lucrative income stream through short-term rentals. Explore key reasons why investing in the property market in Bendigo is a wise idea:

STABLE PROPERTY MARKET

One of the biggest advantages of buying a property investment in Bendigo is its housing market since it has relatively affordable prices, allowing investors to enter the market at lower costs. Moreover, this also helps you to obtain a higher return on investment! The average house price in Bendigo is currently around A$523,750 for houses and A$430,000 for units.

Aside from its property values, the region has been experiencing steady demographic growth in recent years. This coupled with the region’s resilient economy, allows the housing market to grow favorably and increase its value appreciation.

SOLID RENTAL MARKET

The rental market in Bendigo is strong considering its booming tourism sector and high demand for lettings due to the population increase. This opens the doors to hosts to a STR venture that allows them to generate a positive cash flow and high rental yields.

TOP TOURISM TOWN

Bendigo caters to diverse interests with its thriving food and wine scene, vibrant cultural scene, fascinating history, and friendly community. This destination was recognized as one of the UNESCO Creative Cities of Gastronomy, attracting dozens of foodie lovers yearly. On top of that, the region’s gold rush heritage is also one of its touristic main attractions with historic buildings, parklands, and charming bluestone cobbled laneways. Now, most of these areas have been transformed into contemporary restaurants, cafes, and bars where you can enjoy exquisite dishes.

Considering its booming tourism sector, Bendigo also gained the title of Top Tourism Town by the Victoria Tourism Industry Council! Investors looking to cater to short-term accommodations for tourists can expect a rewarding experience!

BALANCED AND FLUCTUATION-RESISTANT ECONOMY

With a steadily growing economy, Bendigo is a prosperous region that has experienced solid industrial and commercial development in recent years. While gold mining played a crucial role in its economic development, the region evolved and diversified its industries. As of now, Bendigo has different thriving sectors like education, healthcare, agriculture, and services.

Characterized by its resilience, adaptability, and a well-balanced array of industries, Greater Bendigo establishes itself as a dynamic economic hub in Victoria.

Is Airbnb Profitable in Bendigo?

Worried that a rental property in Bendigo won’t provide you with a good return on investment? Put your inquiries to rest, as Airbtics is here to affirm their value! Bendigo provides plenty of opportunities for lucrative holiday rentals. In fact, Greater Bendigo stands out as one of the most profitable Airbnb locations in Australia!

Let’s delve into Bendigo’s Airbnb market – According to Airbtics’ Airbnb ROI calculator, an Airbnb host in Bendigo can achieve an annual revenue of A$60,125 with a consistent occupancy rate of 73% when operating a 2-bedroom property.

Best Suburbs to Invest in Bendigo: Hotspots for Short-term rentals

Greater Bendigo presents great investment opportunities to property investors looking to secure a positive cash-on-cash return, but there’s still a major doubt: where should you invest in real estate in Bendigo? Additionally, before setting up their listings, future Airbnb hosts should also consider the associated startup costs.

Go ahead and uncover the best suburbs for short-term rental investments in Bendigo:


Location	Airbnb Listings	Best Number of Bedrooms	Median Property Price	Airbnb Annual Revenue	GRY
North Bendigo	31	3 bedrooms	A$480,000 (3 BR)	A$63,369	13.20%
Golden Square	33	3 bedrooms	A$496,000 (3 BR)	A$53,552	10.80%
Ironbark	20	3 bedrooms	A$617,000 (3 BR)	A$50,204	8.14%
Kennington	29	1 bedroom	A$250,000 (1 BR)	A$36,720	14.69%
Heathcote	40	2 bedrooms	A$380,000 (2 BR)	A$36,254	9.54%
Flora Hill	21	2 bedrooms	A$385,000 (2 BR)	A$29,593	7.69%

Location

Airbnb Dataset

North Bendigo

Total Airbnb Listings: 31
Best Number of Bedrooms: 3 bedrooms
Median Property Price (3 bedrooms): A$480,000
Airbnb Annual Revenue: A$63,369
Gross Rental Yield: 13.20%

Golden Square

Total Airbnb Listings: 33
Best Number of Bedrooms: 3 bedrooms
Median Property Price (3 bedrooms): A$496,000
Airbnb Annual Revenue: A$53,552
Gross Rental Yield: 10.80%

Ironbark

Total Airbnb Listings: 20
Best Number of Bedrooms: 3 bedrooms
Median Property Price (3 bedrooms): A$617,000
Airbnb Annual Revenue: A$50,204
Gross Rental Yield: 8.14%

Kennington

Total Airbnb Listings: 29
Best Number of Bedrooms: 1 bedroom
Median Property Price (1 bedroom): A$250,000
Airbnb Annual Revenue: A$36,720
Gross Rental Yield: 14.69%

Heathcote

Total Airbnb Listings: 40
Best Number of Bedrooms: 2 bedrooms
Median Property Price (2 bedrooms): A$380,000
Airbnb Annual Revenue: A$36,254
Gross Rental Yield: 9.54%

Flora Hill

Total Airbnb Listings: 21
Best Number of Bedrooms: 2 bedrooms
Median Property Price (2 bedrooms): A$385,000
Airbnb Annual Revenue: A$29,593
Gross Rental Yield: 7.69%

Source: Airbtics Dashboard

Explore More Profitable Locations in Greater Bendigo!

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A Guide to Spotting Potential Airbnb Rental Markets

Identifying promising rental markets can be a time-consuming endeavor. That’s why it’s wise to leverage advanced resources available to property investors to hasten this process.

Sometimes, your desired location might not show up in the search results, but there’s no need to fret! You can easily create your own custom market.

One of the greatest advantages of dynamic data is the fact that by moving and zooming in and out of your map, the data will also change accordingly.

Bendigo – A Top Investment Hub with Profitable Airbnb Potential

Bendigo stands out as a great investment destination. Its stable property market, robust rental sector, and resilient economy make the region an attractive hub for property investors looking to cater to short-term lettings. Additionally, Airbtics’ insights into Bendigo’s market reveal it as one of the most profitable Airbnb locations in Australia.

Exploring the best suburbs to invest in Greater Bendigo provides an excellent starting point for your venture into the real estate market in Victoria. Yet, it’s important to utilize resources to conduct an Airbnb analysis such as Airbtics Dashboard. Thus, investors like you will be able to streamline investment research! By leveraging dynamic data and insights, you can identify potential short-term rental markets, compare various property types, and make well-informed decisions that align with their investment goals.

Pro Book

Deeper STR Insights. Broader Investment Opportunities.

Want to go deeper, broader, and faster? Supercharge your Airbnb Investment by accessing the most in-depth Airbnb & real estate insights with our exclusive STR report.

Vital vacation rental data from 40 Markets – Airbnb Occupancy Rate, ADR, Revenue, and Listings! Access 2-year data from June 2021 to June 2023.
Uncover 5-year real estate investability metrics for 40 markets including population, property prices, income levels, Google travel interest, crime, and unemployment trends 2017 - 2021)!
All yours in 3 business days!

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How does upgrading plumbing impact the resale value of your home investment?

Post author By Guest
Post date November 20, 2023

How does upgrading plumbing impact the resale value of your home investment?: Optimize home investment with strategic plumbing upgrades for lasting value. Learn more!

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Optimize your home investment with strategic plumbing upgrades for lasting value. Learn more!

Last updated January 2, 2024

How does upgrading plumbing impact the resale value of your home investment?

Sweet home – more than just a cozy haven, it’s a delightful wheel of fortune in the property market! Often overlooked, yet centre stage, plumping upgrades do a little hat trick of their own by enhancing the worth of your home. So, let’s roll up our sleeves and delve into the world of real estate, where every choice counts, and every tweak adds up to a tidy profit. Our humble plumbing upgrade awaits – ready to show it’s much more than a pipeline dream.

The Role of Plumbing in Home Resale Value

Imagine a hopeful homebuyer, eyes twinkling at your dwelling. Surely, the state of your plumbing system is set to undergo their detective’s scrutiny. Drippy faucets, temperamental drains, or vintage (in not such a chic way) systems could set alarm bells ringing and yank down your home’s charm, quicker than a plunger can say ‘clog.’ So, leaking taps should be fixed immediately, and obsolete systems must be upgraded to increase the value of your property investments. Picture this: you’ve got a cutting-edge, ultra-efficient plumbing system in your corner. Say farewell to those dreaded nightmares of shelling out big bucks for repairs and replacements. Your home transforms into a sanctuary of hassle-free, carefree living!

Benefits of Upgrading Plumbing

Upgrading your plumbing system offers many advantages, and many directly impact your home’s resale value. Considering an upgrade to your plumbing system before planting that ‘For Sale’ sign in your yard? Splendid idea! Not only does it polish your property’s appeal, it pumps up the resale value like a well-primed water pump. Let’s dive headfirst into a whirlpool of key pluses to this savvy move:

Enhanced Property Value:

When you decide to level up your plumbing, you’re not just enhancing your home – you’re supercharging its resale value! Envision a line of eager buyers, willing to pay top dollar for a home with cutting-edge plumbing. And the cherry on top? The increased value could not only offset the upgrade expenses but also pad your wallet with extra cash! It’s a fantastic win-win scenario all about locking in a profitable return on your investment.

Attract a Wider Pool of Buyers:

A home with updated plumbing is more attractive to a broad range of buyers. It eliminates the need for immediate plumbing renovations, which can deter potential buyers who want a move-in-ready home. This broad appeal can lead to a faster sale.

Improved Home Inspection Results:

A thorough home inspection is typically part of the home-buying process. Having recently upgraded plumbing systems can lead to a more positive inspection report, reducing the chances of buyers requesting price reductions or repairs.

Energy Efficiency:

Upgraded plumbing fixtures, water heaters, and pipes are often more energy-efficient. It means reduced utility bills for the new homeowners, a significant selling point that can justify a higher asking price.

Water and Energy Savings:

Buyers are increasingly conscious of environmental impact and resource conservation. Upgraded plumbing can help reduce water wastage and lower energy consumption, making your property more appealing to eco-conscious buyers.

Reduced Maintenance Costs:

A well-maintained plumbing system with modern components generally requires fewer repairs and maintenance. It can be a strong selling point, as buyers won’t need to worry about immediate plumbing issues.

Increased Comfort and Convenience:

Updated plumbing can improve water pressure, temperature control, and overall functionality. Buyers will pay more for a home with enhanced comfort and convenience.

Peace of Mind for Buyers:

Buyers can have peace of mind knowing that the plumbing has received recent upgrades. They won’t have to budget for immediate plumbing renovations, which can be a significant relief, particularly for first-time homebuyers.

Higher ROI (Return on Investment):

Plumbing upgrades often provide a high return on investment. Depending on the scope of the upgrades, you can recoup a substantial portion of your investment when you sell your home.

Competitive Advantage:

In a competitive real estate market, upgrading plumbing can set your property apart. It can be the deciding factor for buyers torn between similar homes.

Faster Sale:

Homes with upgraded plumbing systems tend to sell faster because they attract more potential buyers and often require less negotiation due to fewer immediate repair needs.

Positive Appraisal:

An upgraded plumbing system can lead to a more favourable appraisal, allowing you to set a higher asking price for your property.

In a nutshell, let me tell you, sprucing up your plumbing is like giving your home a turbo boost! It’s a brilliant investment that’s practically a goldmine waiting to happen. Here’s the lowdown: it pumps up your property’s market value, cranks up its attractiveness, cranks down the utility bills, and dials up the number of potential buyers showing interest. If you’re considering selling your home, consulting with plumbing professionals and making necessary upgrades can be a smart strategy to maximise your return on investment.

Types of Plumbing Upgrades

Homeowners have a treasure trove of plumbing upgrades at their disposal, ready to supercharge the resale value of their properties. From snazzy fixture swaps to epic system overhauls, the possibilities are limitless! Here are a few common types of plumbing upgrades to consider:

Fixture Upgrades: Swapping out old faucets, showerheads, and toilets with modern, water-efficient fixtures can instantly enhance the appeal of your bathrooms and kitchen.
Pipe Replacement: If your dwelling is boasting of old-soldier pipes that are more rust than trust, it’s time for an honourable discharge! Swap them out with the modern marvels of PEX or copper to amp your water quality up to ‘crystal clear spring’ status and deflate the risks of leaks faster than a deflating water balloon. Your home will thank you, and so will your future buyers!
Water Heater Upgrade: Now, channel your inner game show host and imagine revealing the star prize – a high-efficiency water heater! With its ability to save energy while bestowing the bliss of consistent hot water, it’s guaranteed to have your potential buyers singing ‘hot, hot, hot!’ A major score for you, and a delightful perk for them – now that’s a win-win if we ever saw one!
Sewer Line Replacement: Addressing sewer line issues, such as tree root intrusion or cracks, can prevent costly future repairs and improve the functionality of the entire plumbing system.

Enhance Your Home’s Functionality and Comfort

In conclusion, upgrading your plumbing systems can profoundly impact the resale value of your home investment. Plumbing, often overlooked, is a fundamental aspect of a comfortable and functional home. It’s the game-changer in the real estate arena, shaking things up with energy efficiency, lowered maintenance costs, and skyrocketing desirability. So, when you’re plotting your home makeover strategy and looking to supercharge your property’s resale value, don’t forget to bring in the plumbing pros – they’ll make your life a whole lot smoother! So, when considering home renovations and wondering how to increase the resale value of your property, remember to include hiring a professional plumber to make everything easier. Their impact on your home’s value may surprise you, and the returns will be well worth the investment.

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Airbnb vs Renting: Which is Right for YOU?

Post author By Ramon Meris
Post date November 17, 2023

Airbnb vs Renting: Which is Right for YOU?: Curious if the grass is greener on the other side? Decide for yourself between Airbnb vs Renting renting by considering a variety of factors.

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Curious if the grass is greener on the other side? Decide for yourself between Airbnb vs renting by considering a variety of factors.

Last updated January 17, 2024

Airbnb vs Renting: Which is Right for YOU?

If you own rental properties, you might have thought about this – how can I generate more income from my properties? Turning your rental property into an Airbnb could be a way. Airbnb-ing has become a more and more popular option. In 2024, there are about 10 million active Airbnb listings. About 2% of US rental units are short-term rentals [1].

The most significant benefit of Airbnb-ing is higher rental income. It is common to make twice as much rental income with Airbnb. Another advantage is having more freedom with your rental. You can use your property once a year as your vacation home or to let your friends visiting your town sleep.

The biggest downside of Airbnb is that you need to engage more in managing your properties. You will spend the most time communicating with guests and cleaning the properties after each booking. Although these activities can be delegated to a cleaner and a virtual assistant. Another disadvantage is unpredictability. Demand for short-term rentals fluctuates for various reasons.

Other considerations are laws, wear & tear, and upfront costs.

Pros: Rental income

Undoubtedly, short-term rentals generate more rental income. It depends on the market you are in and how good you are as an Airbnb host. Here’s my story:

I rented this 2-bedroom property in London at £1,600/mo with a 1-year lease. When I put this on Airbnb, I made £3,800/mo on average. This is a whopping 2.4 times more income if I was the landlord. I charged £200 per night for this property. After taking out Airbnb’s service fee, it is £180 per night. I just needed to rent it out for 8 nights a month for me to break even. I charged £50 cleaning fees from guests, and I used this to pay for cleaners. This isn’t an uncommon story, and this is exactly why many landlords are considering short-term rentals.

You can use this Airbnb Calculator to estimate how much you can make by running on Airbnb.

Cons: Passive-ness

If you have properties and would like to make more from it, doing short-term rentals can really work. If your market has a good demand, all you need is to be an excellent Airbnb host to get more bookings. But what does it really take? How many hours a week do I need to spend?

I spent about 1-2 hours a month managing an Airbnb property. However, it took me a while to set up a system for my Airbnb listing. For a well-performing Airbnb listing, you will receive 4 to 8 bookings a month. Self-check-in is a popular option these days, so you won’t need to spend time on this. Guests may ask you some questions, yet you’ll find out repeating questions. Then, you can create a FAQ or video instructions for specific questions. Once you find a trustworthy cleaner, you just need to message them for each booking. Then, they will handle cleaning the property and set it up for the next guest according to your instructions.

The majority of the effort is to establish the system, such as

There are some exceptions, though. You may encounter some unexpected situations, like someone damaging your furniture. In my case, a neighbor started doing construction work, and it caused noise to my guests. I gave my guests a 50% discount with a sincere apology, and they happily accepted.

Pros: Flexibility

Once you rent out your property on a yearly lease, you can’t really do anything about your property during that period. It’ll just generate income for you. What if you want to use your properties once in a while? Doing short-term rentals give you back this freedom to you. When my family visited London, I was able to let them stay in this Airbnb listing. It wouldn’t have been possible if it was rented out on a long-term basis.

Cons: Predictability

The flexibility of using your own property comes with some risks. Here are some events that can affect your Airbnb income.

Other considerations

Startup cost

Having decent furnishing is a distinct feature of Airbnb. Unlike traditional rentals, Airbnb rentals should be ready for immediate occupancy with all necessary furnishings. However, furnishing does come with a cost. This includes not only the basics like beds and cabinets but also kitchenware and linens, among others.

✅ Winner: renting

Laws

Short-term rental regulations have become a fact of life in Airbnb hosting. For many Airbnb hosts, navigating this complex regulatory landscape has become a skill in itself. These regulations vary depending on the city. To add another layer of complexity, rules are often changing. Common Airbnb regulations include imposing zoning restrictions and limiting the number of available nights.

✅ Winner: renting

Eviction

It is a lot easier to evict a short-term rental guest than a long-term tenant. Quite often, you just need to call the police, and this will be sorted out on the same day.

✅ Winner: Airbnb

Tenants not paying rent

This can be a serious problem with your rental. But you wouldn’t need to worry about this if you are renting it out through Airbnb because guests have to pay first before using your property.

✅ Winner: Airbnb

Wear and Tear

This is tricky. Short-term rentals have more frequent guest turnover with varied usage patterns. The more frequent the turnover, the more accelerated the wear and tear on the property. However, you can check your property frequently, like after each booking. If you see some damages, you can charge guests for them through Airbnb host damage protection.

For long-term tenants, you get a fixed amount of deposit, which you can use for damages. However, some guests may cause severe damage over time, such as blocking the pipe, modifying your property, and so on.

✅ Winner: Airbnb, Renting

Give Airbnb hosting a go

If you already have rental properties and your market has good demand, why don’t you try? Airbnb made it very easy for you to get bookings. If you already have a property available for long-term tenants, you might be able to start receiving bookings today. It’s that easy. The commitment is relatively small. You can always change it back to long-term rental if it’s not for you. You just need to put some extra furniture, take nice pictures, and list it on Airbnb.

[1] According to https://data.census.gov/, there are 48.2 million individual rental units in the US as of 2022. According to Airbtics, there are 1.4 million Airbnb listings in the US as of January 2024.

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Travel, Invest, Prosper: How Thailand Offers Opportunities for Property Investment

Post author By Guest
Post date November 17, 2023

How Thailand Offers Opportunities for Property Investments: Thailand property opportunities for investment. Iconic buildings in Pattaya. Top 10 things to do in Thailand.

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thailand investment opportunities

Thailand property opportunities for investment. Iconic buildings in Pattaya. Top 10 things to do in Thailand.

thailand investment opportunities

Last updated January 2, 2024

Travel, Invest, Prosper: How Thailand Offers Opportunities for Property Investments

In major cities around the world, such as Bangkok, living in high-rise buildings is the norm. Some of these high-rise buildings are completely unremarkable, blending into the city’s appearance, while others look impressive and become the calling cards of cities. What is unusual in Thailand is that there are skyscrapers not only in the capital but also in the resorts. Suppose your goal is to buy real estate in Thailand that is profitable and successful in every sense, including aesthetics, and attractiveness for example, the cost of houses in Thailand. In that case, we recommend taking a closer look at the apartments in the most famous towers on the east coast of Pattaya. Rest assured: housing in such iconic buildings is likely to retain liquidity.

thailand investment opportunities

Dreamy Reflection at Jomtien Beach, Pattaya

Dreamy Reflection offers exclusive apartments with resort-style amenities. Consisting of two majestic towers with a height of 234 meters and 55 floors, this residential building is the tallest high-rise building in Pattaya.

Construction of the towers was completed in 2013. The creator is Major Development PCL, a leading developer known for luxury residential projects. The project was created by P&T Group, one of the oldest architectural and engineering firms in the world, known for its vast network of branches in 70 countries.

Each apartment in the tower has panoramic views of the sea, thanks to floor-to-ceiling glazing and a unique corner window. This area has a low population density, which creates an atmosphere of luxury and privacy for all residents.

This is a good investment option for preserving and increasing capital: such an iconic house will always be valuable. You can buy real estate in this residential complex for 5.9 million baht (prices at the current exchange rate of €158,500). The minimum price tag applies to apartments with an area of 60 sq.m.

Northpoint South Tower, Wong Amat, Pattaya

The award-winning North Point area overlooks the beautiful Wong Amat Beach, with panoramic views of the endless sea from every apartment. Here is the second tallest skyscraper in Pattaya – the South Tower, with a height of 205 meters. The total number of apartments in the two towers of the complex is 370 units. In addition to residential accommodation, the complex also offers a luxurious leisure environment – beautiful gardens, swimming pools, and other hotel amenities.

Completed in 2010 and named “Best East Coast Condominium” at the 2010 Thai Property Awards, this stunning home was created by developer Raimon Land, a leader in luxury real estate development. The project is a collaboration with HB Design. The object ranks 2nd in height in Pattaya and 24th in Thailand.

What about the cost? Prices in the complex start from 7.9 million baht. Information for European readers interested in purchasing foreign real estate: at the current exchange rate, apartments in this tower can be bought for 188.5 thousand euros. Furnished apartments with an area of 80 sq.m. are put up for sale for this amount.

thailand investment opportunities

Top 10 things to do in Thailand

Hide on a paradise island. In the province of Trang is the amazing island of Kradan. There are not even ATMs on it, and people are rare. The number of hotels located here can be counted on one hand. But all the beaches are snow-white, the water is turquoise, and you can have excellent snorkeling on the coast. The bounty island of Kradan perfectly dispels the sad mood.
Learn to control an elephant. You can meet gray giants in person at the Thai Elephant Conservation Center nursery, as well as at the Elephant Jungle Sanctuary.
Visit the first capital. We are talking about the historical city of Sukhothai.
Try rock climbing right on the beach. You can do this on the Railay Peninsula (Krabi is very close). On the uncrowded Tonsai Beach, the rocks are located right next to the water. Here, you can rent equipment and use the help of a professional instructor.
Count the temples of Chiang Mai. Northern Thailand is different from Southern Thailand, like heaven and earth. And the temples here are other, and they speak entirely different dialects. It’s better to start getting acquainted with Chiang Mai.
Try that same durian. This is the fruit that smells; how can I put it mildly. In general, it doesn’t smell good, but inside, it is better than any cake.
Spend an unforgettable vacation with your children. On the island of Koh Samui, all conditions have been created for a holiday with children. The entrance to the sea is gentle; you can build sand castles, eat fruits, and drink freshly squeezed juices. And there will also be a company for games.
Visit the Ancient Siam Museum. It is located in the open air and allows you to briefly and concisely get acquainted with the main attractions of the country. It contains copies of all architectural masterpieces;
Look at Phuket through the eyes of Buddha. Besides the blue water and white yachts, there is another exciting attraction on the island of Phuket. This is a 45-meter-tall Buddha statue made of white marble. It’s worth visiting the statue if only for the energy – it’s special here.
Relax with a massage. Thai massage in Europe and Thailand are two significant differences. The art of Thai massage is infused with long-standing traditions and thousands of years of experience. During the session, the master opens energy channels and influences unique points. Worth a try!

Get help in choosing Thai real estate

Are you interested in real estate in Thailand for investment, permanent residence, or rental? You will find the best offers from developers and real estate agencies on the Thailand-Real.Estate website. On the website, you can select villas and apartments and get advice from competent specialists on purchasing housing and moving to permanent residence.

Hundreds of citizens of Europe and other countries already use the aggregator. Phuket, Pattaya, and other resorts in Thailand are waiting for you – start your search right now and become one step closer to your dream of living in beautiful Asia!

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The Path to Profitable and Sustainable Holiday Rentals

Post author By Guest
Post date November 15, 2023

The Path to Profitable and Sustainable Holiday Rentals: Looking to achieve success in the vacation rental market? Learn how to start and sustain a profitable holiday rental business with five expert tips.

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Looking to achieve success in the vacation rental market? Learn how to start and sustain a profitable holiday rental business with five expert tips.

Last updated January 2, 2024

The Path to Profitable and Sustainable Holiday Rentals

There are over 2.64 million second homes in America being used for recreational, occasional, or seasonal use. The popularity of second homes is ever increasing as more and more Americans are enjoying local holidays that allow them a chance to rest and relax before returning back to work.

You may have enjoyed a relaxing vacation very recently and come away thinking, “I could do that!” So, whether you’ve recently been inspired or you’ve been pondering the thought for a while, this article is for you.

We will discuss the path to profitable and sustainable holiday rentals because it often takes more work than initially meets the eye.

How to Begin

To successfully set up a holiday let business, it is important to consider the property you’re looking to buy, the location it’s in, the day-to-day management requirements, and avenues to successful advertising.

Unfortunately, it’s not as easy as choosing somewhere nice and hoping for the best. So, here are a few things you need to consider when starting out.

Getting A Mortgage

Of course, the first step in holiday letting is having a property to let. It might sound silly, but many people assume buying a second home will be easy (particularly if they’ve been through the mortgage process before). However, this isn’t always the case.

According to Forbes Advisor, “If you’re buying a property in a tourist hotspot and want to let it out frequently – particularly at peak holiday times – then you’ll need a holiday let mortgage […] It’s a good idea to use an independent mortgage broker. They will be able to discuss your needs, join the dots with your finances, and find the best mortgage for your requirements.”

Whether you’ve bought a house before or not, purchasing a rental property is a big financial commitment, so it’s important you do the figures and ensure you can afford it. If you have bad credit or other circumstances that may make buying more difficult, there are options available.

As Pete Mugleston, Managing Director at Online Mortgage Advisor says, “There are mortgage brokers who specialise in bad credit, and their knowledge, experience and lender contacts can significantly improve your chances of mortgage approval and landing a low rate.”

Whatever state your finances are in, it’s important to connect with a mortgage broker who can walk you through the process from start to finish and ensure every ‘T’ is crossed and every ‘i’ is dotted.

What Kind of Holiday Rental Should I Buy?

Buying a holiday home takes a lot of time and consideration. Choosing the right holiday home, in the right location, can certainly have a big impact on your future profits. So, it’s important to put a lot of thought into these decisions. Let’s take a look at some things you need to consider:

Location: choosing the right location is vital for attracting holidaymakers looking for a nice place to stay. Settling on a good location will ensure you have a steady stream of visitors (and income) to help set you up for success.

The best locations are those that attract a lot of tourists, have plenty of amenities nearby, offer lots to see and do, and provide easy access. While properties nestled away in the woods are attractive, they’re often too far removed from civilisation to be overly profitable. For many people, finding a balance between rural retreat and city living is ideal.

The Property Itself: secondly, the property you purchase must be in good condition. Whether you purchase a fixer-upper or you buy a property that’s ready to let, it’s extremely important you ensure all the necessary work is carried out before you advertise.

The property you choose should be structurally sound, clean, and free from mold, leaks, and other damage. Nobody wants to stay in a property that isn’t well looked after. A property that is properly maintained isn’t just important, it also keeps your guests coming back time and again.

Property Size: the size of your holiday rental will depend on your budget. However, it’s worth considering how big your property needs to be. The size of your holiday home can affect your profits as the bigger the property, the more you can rent it out for. It is worth highlighting that larger properties do require more maintenance and care which can be expensive. Take your time considering your options so that you can make the right decision for your needs and budget.

How to Create a Sustainable Rental Business

Once you have purchased your holiday rental, it’s time to get to work. Creating a sustainable holiday rental business takes time and commitment. However, it’s definitely worth the effort.

Here are some of the best ways you can create a sustainable holiday rental business.

Holiday Let Management

Life can be busy and taking on the responsibility of a holiday let in addition to your existing day-to-day responsibilities can quickly become overwhelming. So, it’s important to consider how you’re going to manage your property over the long term.

Many people find that managing their holiday let themselves is a sure-fire way to cut costs. However, not everyone has the time.

Using a holiday let company is a good option for many. It ensures your property is taken care of at all times, leaving you to worry about other things. Of course, employing an external management company does incur additional costs, so these are worth factoring into your financial decisions.

Invest in Professional Photography

The most important part of holiday letting is attracting people to your property. And it’s not as simple as you might think!

Many people purchase holiday lets and get them all ready only to discover it’s difficult to attract people in! So, they end up with an empty property that costs more to upkeep than it’s worth.

As such, it’s important to know how to advertise your property to give it the best chance at success. One of the best ways to do this is by investing in professional photography.

Professional photographs are a great way to showcase the best your property has to offer. These photos will form those all-important first impressions. Just think, you’ll be competing with some of the experts in the business and when holidaymakers are scrolling through popular sites like Airbnb, it’s important your property stands out from the crowd.

Advertise Your Property’s Best Features

Second to photography is advertising your property’s best features. You want to emphasize that your property is within walking distance of the beach/town/countryside (with plenty to see and do), has parking available, and is quiet when it’s needed!

Taking the time to write a detailed but concise description of your property is one of the best ways to boast about its brilliant features.

Offer On-Site Parking

Most holidaymakers are driving to their destination and they have a car full to the brim of suitcases, food shopping, bikes, and swim-stuff that is likely to come tumbling out as soon as they open the doors.

So, on-site parking is definitely sought after!

Holiday lets offering free, on-site parking are extremely popular in America as in some areas they can be hard to come by. So, if your property has parking available, be sure to highlight this when advertising as it is a huge attraction to holidaymakers.

Focus on Your Marketing Efforts

Ultimately, the key to a profitable and sustainable holiday rental business is an effective marketing strategy. To get the bookings you want and make the profit you’re hoping for, it’s important to gain as much exposure as possible. This means you need good reviews and a strong online presence on Google.

To succeed in this business, you need to be proactive and collecting reviews from your guests certainly goes a long way towards recommending your holiday rental to other people. In fact, 92% of online consumers read reviews before going ahead with a purchase.

With so many people owning holiday rentals in America, competition is fierce and it can be hard to stand out. So, it’s important to focus on your marketing efforts as much as possible to ensure you give your holiday home the best chance at success.

In Summary

As you can see, there is a lot to think about when planning a profitable holiday rental business. In fact, there is so much to consider that we’ve not had time to cover it all in one article!

However, we hope the points we’ve covered have been helpful. We have tried to focus on the essentials to help you launch and maintain a profitable holiday rental business.

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